Tax Accountants in Quebec

Canadian income tax is built up in layers. You total your income for the year, subtract the deductions you qualify for to arrive at taxable income, then apply the federal brackets and your province's brackets to that figure. Each bracket rate applies only to the income sitting inside it, so earning more never retaxes the dollars below. Non-refundable credits, starting with the basic personal amount, come off the tax afterwards. Look up the CRA bracket table for the tax year you are filing.

Gather your slips and receipts, then use NETFILE certified software and its auto-fill feature to pull in the slips the CRA already holds. Add what the CRA cannot see, such as self-employment income, medical expenses, donations and child care, review the summary line by line, and file electronically. For the 2025 tax year the deadline was 30 April 2026, or 15 June 2026 where you or your spouse were self-employed, with any balance still due 30 April 2026.

Canada uses a progressive system, so only the income falling inside a bracket is taxed at that bracket's rate. Moving into a higher bracket never raises the tax on the income below it. You face a federal set of brackets plus a provincial or territorial set, and both are indexed most years. Credits, starting with the basic personal amount, then reduce the calculated tax. Look up the brackets for the specific tax year before planning around them.

A TD1 Personal Tax Credits Return tells your employer which personal credits to build into your income tax withholding, so the right amount comes off each pay. You normally complete a federal TD1 and a provincial or territorial TD1 when you start a job. File a fresh pair whenever your situation changes, for instance a new dependant, tuition, or a second employer, where you should not claim the basic personal amount twice.

The federal goods and services tax is 5% in 2026, and has been since it dropped from 6% to 5% on 1 January 2008. You pay the 5% on its own in Alberta, the Northwest Territories, Nunavut and Yukon. In British Columbia, Manitoba, Saskatchewan and Quebec it sits alongside a separate provincial tax, and in the five participating provinces it is folded into the HST rate.

Contact your municipality’s tax or revenue office and ask for a reissued bill; most cities also let you view and pay it in an online property tax account set up with your roll number. Not receiving the bill does not cancel the obligation or stop late-payment charges, so ask for the amount and due dates straight away. Update your mailing address, and check whether your lender already pays the tax through your mortgage.

For the 2025 personal tax year the balance owing was due 30 April 2026, and that payment date applied even to self-employed filers whose return was not due until 15 June 2026. Corporations pay the balance 2 months after the fiscal year end, or 3 months for an eligible Canadian-controlled private corporation claiming the small business deduction, with the return itself due 6 months after year end. Interest runs daily on anything left unpaid.

A contribution counts for a tax year if it is made during that year or in the first 60 days of the next one. For the 2025 tax year the deadline was 2 March 2026, because the 60th day fell on a Sunday; for the 2026 tax year the 60th day is 1 March 2027. You can contribute to your own RRSP until 31 December of the year you turn 71.

No. TFSA withdrawals are not taxable and are not reported as income, however much the account has earned, and that is still true for 2026. The amount you take out is added back to your contribution room, but only on 1 January of the following year. Putting it back in the same calendar year without room to cover it creates an excess taxed at 1% per month. Withdrawals do not affect income-tested benefits.

No. The QST is calculated on the selling price before GST, not on the GST-included amount, so for 2026 the 5% GST and the 9.975% QST each apply to the same pre-tax figure, giving 14.975% in total. Quebec did once apply QST to the GST-included price, which is why older invoices and calculators show a slightly different effective rate; Revenu Quebec's basic rules for the GST and QST page sets out the current base.